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You are scheduled to receive $30,000 in three years. When you receive it, you will invest it for seven more years at 5.5% per year.
You are scheduled to receive $30,000 in three years. When you receive it, you will invest it for seven more years at 5.5% per year. Calculate how much will you have at the end of this time, what would be an equivalent present value of this amount? () $29,548 O $28,548 $27,548 $26,548 $25,548
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